Online Debate Sovereign Debt and Financial Stability in Europe and Latin America Choppy Waters or a Cliff? Add to calendar 2022-06-02 17:30 2022-06-02 18:45 Europe/Rome Sovereign Debt and Financial Stability in Europe and Latin America Online Youtube YYYY-MM-DD Print Share on Facebook Share on X Share on LinkedIn Send by email When 02 June 2022 17:30 - 18:45 CEST Where Online Youtube Organised by Robert Schuman Centre for Advanced Studies FBF: Florence School of Banking and Finance An event co-organised by the Florence School of Banking and Finance and the Center for Global Development Sovereign debt levels are historically high in most advanced and emerging market economies—dealing with the COVID-19 pandemic pushed global public debt close to a shocking 100 percent of GDP at the end of 2021, well above the already high levels built up after the Global Financial Crisis. In this context, two new shocks—the war in Ukraine and the Fed's interest rates hikes—are creating new challenges to financial stability and sovereign debt management around the globe. Old ghosts linking financial instability to sovereign debt (like the sovereign-bank nexus) are also emerging.In this joint Center for Global Development - Florence School of Banking and Finance event, panelists will reflect on the effects of recent shocks in both Europe and Latin America, and debate optimal policy responses. Key issues to be discussed include whether financial crises in these regions can be avoided and what fresh initiatives at the national and multinational level are required.Featuring PanelistsJoyce Chang, Chair of Global Research, J.P. MorganVitor Gaspar, Director of the Fiscal Affairs Department, IMFLeonardo Villar, Governor, Central Bank of ColombiaBoris Vujcic, Governor, Central Bank of CroatiaModeratorLiliana Rojas-Suarez, Director of the Latin America Initiative and Senior Fellow, Center for Global DevelopmentWelcoming RemarksThorsten Beck, Director, Florence School of Banking and Finance, European University Institute Links: More information and registration here